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China Southern Airlines' international passenger traffic and cargo continues to sink


China Southern Airlines reported year-on-year improvements in (mainly domestic) passenger numbers and load factors in the two months to Feb-2009, although cargo volumes were down in the period. [848 words]

Unlock the following content in this report:


  • International passenger volumes slump to the second lowest level in 12 months
  • Freight volume continues downwards movement
  • Expects losses in 2008, but likely to hold up better than major competitors
  • To boost capital base through share issuance

Graphs and data:

  • China Southern highlights for Jan-2009 and Feb-2009 combined
  • China Southern Airlines load factor and load factor growth: Feb-08 to Feb-09
  • China Southern Airlines passenger number growth by international and domestic: Mar-08 to Feb-09
  • China Southern Airlines cargo volume growth: Mar-08 to Feb-09
  • China Southern Airlines current and future fleet: Mar-2009
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